๐๐ DeFi and Web 3 lovers, this week Bitcoin got off to a green start in the US, closing just under $28,000, up 3%! ๐ But the excitement did not last long, when the US 10-year bond interest rose to the highest level in 16 years, BTC dropped by 1.57%. ๐
๐ค What about ether? Ether futures ETFs, which started with low volume on their first day, appear to be struggling to attract investor interest. ๐ฌ
๐ Although October has been a historically strong month for the crypto world, there are concerns about the sustainability of the rally, QCP Capital noted in its note. ๐ฑ
๐ฃ๏ธ "ETF issuers don't know the markets as much as traders do. Their optimism is a bit misplaced; anyone who wants Bitcoin or ether already has it," said Michael Safai, managing partner of Dexterity Capital. ๐ง
What are you thinking? ๐ค Let's discuss in the comments! ๐ฌ๐
๐ค What about ether? Ether futures ETFs, which started with low volume on their first day, appear to be struggling to attract investor interest. ๐ฌ
๐ Although October has been a historically strong month for the crypto world, there are concerns about the sustainability of the rally, QCP Capital noted in its note. ๐ฑ
๐ฃ๏ธ "ETF issuers don't know the markets as much as traders do. Their optimism is a bit misplaced; anyone who wants Bitcoin or ether already has it," said Michael Safai, managing partner of Dexterity Capital. ๐ง
What are you thinking? ๐ค Let's discuss in the comments! ๐ฌ๐